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Newbie wannabe Trader
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KenAdams

Member Since Aug 14, 2020  22 posts KenAdams Aug 20 at 11:53
New traders should focus on learning part first and then carry forward their journey step by step.

marktaylor

Member Since Oct 05, 2020  11 posts marktaylor Oct 07 at 09:25
Demo accounts are a good way of identifying your trading personality.

Dictiony

Member Since Apr 01, 2020  132 posts Dictiony Oct 08 at 01:15
Do you have basic knowledge and plan, if not learn the Forex first and formulate a plan to trade Forex successfully.

LeviSievwright5

Member Since Jul 20, 2020  162 posts LeviSievwright5 Oct 08 at 23:14
Every beginner trader has to face these problems. First of all, when you join trading you need to start with demo trading. You need to gather Forex -related information from many websites while doing demo trading. There must be a loss in trading and we have to learn from this loss. And you have to keep yourself emotionally strong.

Marksteve

Member Since Jul 03, 2020  17 posts Marksteve Oct 23 at 04:51
There are a few steps that you can follow like collecting information about forex, reading trade related books, making a plan of execution, practising on a demo and working on different strategies.

GeorgeBischof

Member Since Jul 19, 2020  228 posts GeorgeBischof Oct 23 at 09:40
If you want to become a good and profitable trader, you have to learn all the tools and techniques of trading perfectly.

Roberto21

Member Since May 02, 2019  319 posts Roberto21 Oct 25 at 10:13
unrealistic expectation indicates immature attitude and emotions.
 this habit really non professional which always make traders greedy.

antonyhollinwooe

Member Since Jul 10, 2020  26 posts antonyhollinwooe Oct 26 at 07:33
Demo trading accounts are a good way of judging where you stand. They help you gain hands-on practice.

ElliotCooke

Member Since Jul 20, 2020  227 posts ElliotCooke Nov 13 at 19:29
Newbies are most of the time want to earn money quickly. Trying to make money quickly can be dangerous for new traders. They should learn properly first.

Gergo_01

Member Since Oct 30, 2020  13 posts Gergo_01 Nov 17 at 07:56
antonyhollinwooe posted:
Demo trading accounts are a good way of judging where you stand. They help you gain hands-on practice.

Yes, demo accounts are of great help, best to practice, agreed.
But traders should never become over confident by seeing demo results, they should understand that live trading is going to be a lot more different with real money involved.

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EURUSD 1.20588 GBPUSD 1.33608
USDJPY 104.661 USDCAD 1.29248

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.